The biggest reduction of 0.3% has been made to the lender’s three-year fixed rate now available from 85% to 90% LTV at 3.34%, with further rate cuts across deals for remortgage customers and first-time buyers.
TSB’s two-year fixed and tracker mortgages, with LTVs of up to 80% and 85%, will be reduced by 0.05% and 0.15%, respectively. Two-year fixed mortgages have been cut by 0.2%.
Home-movers and first time buyers applying for a 10-year mortgage up to 90% LTV through TSB will see rates drop by 0.05%.
Other reductions include a 0.05% rate drop on its three-year fixed mortgage up to 80% LTV and 0.2% on its three-year fix up to 85% LTV.
Roland McCormack, TSB intermediary director, (pictured) said: “These rate reductions, available through TSB Intermediary, will help to reduce the barriers to home-ownership for local people across the UK by helping them to borrow well.”
